Despite the gathering clouds of economic uncertainty, users are still consuming vast amounts of disk storage, boosted by growing demand for virtualization and iSCSI SANs.
The total disk storage market grew to $7.5 billion in the fourth quarter of last year, up 7.6 percent year-over-year, according to a report released this morning by analyst firm IDC.
With a massive 1,645 Pbytes of disk bought by users during the fourth quarter, IDC analyst Liz Conner says that talk of a storage spending slowdown is wide of the mark.
"I am not sure that there is an overall spending slowdown," she says. "I think people are getting smarter about what they really need -- people are getting much more savvy."
With the current boom in virtualization, for example, more and more users are investing in iSCSI SANs, which experienced 70 percent revenue growth in the fourth quarter.
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